Where To Buy Bitcoin Safely in 2023 (Updated)

where to buy bitcoin
Image source: Anne Connelly

Bitcoin (BTC) has evolved from an obscure digital token used by a small group of people to a payment method and store of value that millions believe is the currency of the future in just over a decade. If you want to buy Bitcoin, you must first open an exchange or platform that allows Bitcoin trading. Here, we’ll see the best platforms we you can buy bitcoin with credit card and at cheaper rates.

Where Can You Buy Bitcoin?

There are dozens, if not hundreds, of places to buy Bitcoin, but they all fall into one of three categories.

#1. Crypto Exchange

Cryptocurrency exchanges solely facilitate the purchase, sale, and storage of cryptocurrencies. Some of the best cryptocurrency exchanges include Coinbase and Gemini.

#2. Brokerages

Some stock brokers allow users to buy stocks, bonds, mutual funds, and other investment vehicles, as well as certain cryptocurrencies. Robinhood is a good example of a brokerage that offers cryptocurrency trading.

#3. Apps

Apps are available for some of the platforms in the previous two categories. However, there are some apps that facilitate the purchase and sale of Bitcoin but are not official cryptocurrency exchanges or brokerages. Cash App and Venmo are examples of this.

Where Is The Safest Place To Buy Bitcoin?

Almost every reputable crypto exchange that can be considered the best place to buy Bitcoin these days is a very safe option. This is due to three factors:

In most cases, exchanges keep the majority of their customers’ crypto assets in “cold storage.” This usually refers to servers that are not linked to the internet.

The best place to buy and store Bitcoin will keep a small portion of your assets in a “hot wallet,” which means on servers that are connected to the internet. This is done to handle customer withdrawals and transfers and to ensure liquidity. However, reputable exchanges keep insurance policies in place to protect against theft.

Most brokerages and cryptocurrency exchanges keep cash balances in banks, which are FDIC-insured up to $250,000 per customer.

Each of the exchanges, apps, and brokerages here is secure. However, one is not necessarily safer than the other. It’s also worth noting that many don’t offer any protection against unauthorized account access, so keep your passwords and other authentication methods safe.

Where Can I Buy Bitcoin in the US?

#1. Gemini

Gemini provides a nice selection of cryptocurrencies as well as an easy-to-use app experience. The Gemini Earn feature is also noteworthy, as it pays high-interest rates on idle cryptocurrencies.

#2. Robinhood

There are no transaction fees when buying and selling Bitcoin and other cryptocurrencies, stocks, and options. Furthermore, Robinhood has the best cryptocurrency selection of any platform that isn’t a cryptocurrency exchange platform.

#3. Coinbase

One of the most extensive selections in the United States, with a wide range of available cryptocurrencies. Coinbase isn’t the cheapest cryptocurrency exchange, but it is one of the most versatile and a clear standout.

#4. SoFi

Loans, savings accounts, credit products, stock investing, and, yes, Bitcoin are all part of SoFi’s financial ecosystem. SoFi’s Bitcoin transaction fee is slightly higher than the others on this list. However, the platform’s overall usefulness may entice many users.

#5. Cash App

Cash App is one of the most user-friendly Bitcoin trading platforms for beginners. There is no need for a separate account; if you use the Cash App to send money, you are already set up to buy Bitcoin and stocks.

What to Look Out For When Buying Bitcoin

The best place to buy Bitcoin for you will be determined by the features that are most important to you. Here are a few to think about when deciding on the best cryptocurrency exchanges, brokers, and apps.


The cost of buying and selling Bitcoin can vary greatly between crypto exchange platforms. While it shouldn’t be the only factor you consider, knowing how much you’ll pay on each platform is important.

Choosing an Investment

To be sure, all of the locations on the preceding list allow you to purchase Bitcoin. However, if you want to invest in other cryptocurrencies or start crypto trading, you should look for a platform with a diverse selection. If you want to invest in Bitcoin and stocks at the same time, you’ll need a platform that allows you to do so.

Educational materials

Some of the most popular cryptocurrency exchanges have extensive libraries of articles, videos, and tutorials to assist users in learning about Bitcoin and other cryptocurrencies. Even for people who already understand how Bitcoin works, this can be a significant differentiator when looking for the best place to buy Bitcoin.


Aside from being the best place to buy Bitcoin quickly, some of our favorite platforms also provide generous sign-up bonuses. Many have very low initial investment requirements. While the bonus offer of a platform should not be the deciding factor, it can certainly be a tiebreaker.


This could mean different things depending on the investor. For example, someone looking to buy their first Bitcoin and only intends to buy and sell the digital currency on occasion may prefer a user interface that is as simple as possible. An active and experienced Bitcoin trader, on the other hand, may prefer a trading platform with numerous features (charting tools, order options, etc.).

Where To Buy Bitcoin At Cheaper Rates

#1. ZenGo

By removing the private key vulnerability, ZenGo is the most secure non-custodial wallet in Web3, making it the simplest yet most secure wallet to invest in cryptocurrency. Create an account in under 60 seconds and become the true owner of your cryptocurrency.

#2. Uphold

With over 10 million users, Uphold is the Home for Altcoins. The platform allows you to buy and sell 200+ cryptocurrencies (BTC, ETH, XRP, XDC, DAG, ADS, CSPR, and QNT), 27 national currencies (Forex), 4 precious metals (Gold, Silver, Platinum, and Palladium), and over 50 U.S. stocks (depending on location). Uphold is completely reserved and transparent, which means that user funds are secure.

#3. Binance

Binance is a top cryptocurrency exchange platform. It provides trading for over 150 cryptocurrencies. It also includes an API for integrating your existing trading website or mobile app.

#4. CoinSmart

CoinSmart is a cryptocurrency exchange that offers a safe and simple platform for trading digital assets. Allows you to place customized orders with ease.

#5. Coinmama

Coinmama is one of the best cryptocurrency platforms for purchasing cryptocurrencies with a credit or debit card. This bitcoin exchange delivers your coins instantly.

#6. Gemini

Gemini is a cryptocurrency exchange that is fully regulated. It is the simplest and most secure way to invest in a bitcoin and cryptocurrency portfolio.

#7. Cex.io

Cex.io is a cryptocurrency trading exchange where you can buy and sell Bitcoins. It allows you to deposit funds using your Mastercard, Visa, or PayPal Debit MasterCard. It protects against DDOS (Distributed Denial-of-Service) attacks by encrypting all data.

Where To Buy Bitcoin With A Credit Card

#1. Pionex

Pionex is ideal for crypto-to-crypto and stable coin trading. There are 12 auto-trading bots for which there is no additional charge. The exchange lets you buy directly with credit cards. You can deposit a maximum of $2,000 and $1,000,000 with a credit card for LV1 and LV2 verification, respectively.

However, you cannot withdraw USD or any other fiat currency to any method. It only allows cryptocurrency withdrawals from external wallets.

Furthermore, after purchasing cryptocurrency with a credit or debit card on other exchanges, you may want to transfer them to an exchange like Pionex, which supports automated trading via the Pionex trading bot. Pionex was established in 2019 and is headquartered in Singapore.

#2. Uphold

Users of Uphold can instantly and quickly transact with bank accounts, credit and debit cards. The procedure for Uphold is nearly identical to that of other platforms. When purchasing Bitcoin with a credit or debit card, you will be charged about 4%. Although Uphold does not charge any fees, the bank transactions total this percentage.

#3. ZenGo

ZenGo accepts debit and credit cards for the purchase of Bitcoin and other cryptocurrencies. The app, which is available for iOS and Android phones, allows you to buy cryptocurrency for free for the first $200. You can buy as little as $50 or the currency equivalent with a credit or debit card.

Of course, the app supports other methods of purchasing cryptocurrency, such as crypto and Coinmama (as little as $1 or less enough to pay crypto network mining fees), bank wire ($100), Banxa (from $50 or currency equivalent), and MoonPay (from $85 or currency equivalent). The purchase minimum for Apple Pay and Google Pay is $50.

Using credit or debit cards on the platform is instant. When purchasing cryptocurrency on the platform, you do not need to leave the wallet.

#4. Bybit

Bybit is a cryptocurrency trading platform that allows you to purchase cryptocurrencies such as BTC, ETH, and USDT. It accepts 59 different fiat currencies. It accepts a variety of payment methods, including Visa/Mastercard credit and debit cards, as well as cash deposits. Cash deposits are restricted to specific areas.

#5. Bitstamping

Bitstamp accepts credit and debit cards for buying and selling over 50 cryptocurrencies. In most countries, the exchange allows anyone to make instant card purchases (including the US and EU). A credit card allows you to spend up to $5,000, Euro, or GBP per day and $20,000 per month. The minimum purchase is $25, Euros, or British pounds.

#6. Crypto.com

Crypto.com not only allows you to buy cryptocurrency instantly with credit and debit cards, but you can also spend wallet-held cryptocurrency at ATMs and Visa merchant stores worldwide using the Crypto.com Visa card. The Visa card is divided into five tiers, each with a different CRO staking amount and reward.

#7. Bitpanda

This Australian Bitcoin broker, formerly known as Coinimal, was founded in October 2014. Since its inception, it has been a reliable source for people to purchase Bitcoin using a credit card.

In fact, credit card Bitcoin purchases on this exchange are the most common when compared to other methods. The exchange has 1.2 million customers worldwide and is well-reviewed online, with a high trust rating.

#8. Coinbase

Coinbase was founded in the United States in 2012, but it is now available in approximately 36 countries worldwide. One advantage of this exchange is its tremendous liquidity. According to Coinbase reviews, users find the interface to be simple to use.

Although Coinbase accepts debit cards for purchases of Bitcoin and other cryptocurrencies, it does not accept credit cards. It is one of the largest cryptocurrency exchanges in the world, especially for beginner traders in the United States because it is regulated.

Additional products are available through the custody service for individuals, groups, and institutional investors. For example, anyone planning to invest in and hold cryptocurrency using dollar-cost averaging will find the exchange extremely useful. It also enables institutions to stake large amounts of cryptocurrencies such as Bitcoin.

Coinbase also provides individual and retail investors with wallets, as well as advanced trading tools. Furthermore, it has its own US dollar-pegged stablecoins for those who want to avoid volatility issues while still experimenting with crypto.

#9. Paybis

Paybis was founded in 2014 and is headquartered in the United Kingdom. It is available in over 180 countries worldwide and allows people to buy Bitcoins instantly with credit cards.

You can also pay in 47 different currencies, including your own. Users can also sell their crypto to Fiat and receive the proceeds in their bank accounts, Neteller, or Skrill. This is in addition to accepting credit and debit cards.

It is now available in more than 48 states in the United States. The service is authorized by the Financial Conduct Authority, a branch of the United States Treasury. As a result, all transactions and operations are governed.

After verifying the account, Paybis allows people to buy Bitcoins with credit cards. As a result, when purchasing Bitcoins on this platform, users must follow AML/KYC guidelines. However, registration and verification are quick.

Apart from allowing credit card purchases, it also provides liquidity services to fintech businesses.

Can I Buy Bitcoin For $10?

Yes. Because it can be purchased in fractions, $10 will get you some BTC. Most BTC exchanges set a minimum order value of $10 for which you can trade BTC.

Do I Lose Money If I Buy Bitcoin?

Bitcoin, the most valuable cryptocurrency by market capitalization, is a high-risk investment with high volatility. It should be considered only if you have a high-risk tolerance, are financially secure, and can afford to lose any money you invest in it.

In Conclusion,

Investing in cryptocurrency can be extremely dangerous. Investors should approach these assets in the same way they would any other technological investment: with a long-term perspective and the expectation of ups and downs. Account verification is required by cryptocurrency exchanges that allow you to buy Bitcoin with a debit or credit card by submitting a name, verifiable ID, photos, and geolocation details. After linking the account to your debit or credit card, you can purchase immediately.

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